The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 1.441 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.409 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.4499504 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.441 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.441 |
| Current Price | 1.438900000 |
| Next Low | 1.409 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.441 – 1.4626 – 1.4606 – 1.409 – 1.4114 – 1.4116 —
1.432900000 – 1.437100000 —
55.084371200992 – 59.958944412867 —
– —
1.441 – 1776967200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –